Additional Listing Announcement /Subdivision of Shares
| ZEN TECH INTERNATIONAL BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Others |
| Details of corporate proposal | SETTLEMENT OF AN AMOUNT OWING BY INIX GLOVE MANUFACTURING SDN. BHD. (A WHOLLY-OWNED SUBSIDIARY OF ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB" OR "COMPANY")) TO ITS CREDITOR NAMELY, SOUTHBORN CAPITAL SDN. BHD., VIA ISSUANCE OF UP TO 108,800,000 NEW ORDINARY SHARES IN ZTIB AT AN ISSUE PRICE OF RM0.0750 EACH ("SETTLEMENT SHARES") ("DEBT SETTLEMENT") |
| No. of shares issued under this corporate proposal | 108,607,122 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.0750 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 621,871,142 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 77,292,259.690 |
| Listing Date | 04 Jul 2022 |
| Remarks : |
The 108,607,122 Settlement Shares were issued and allotted pursuant to the Debt Settlement which was approved by the shareholders of the Company at an extraordinary general meeting held on 9 June 2022. |
Announcement Info
| Company Name | ZEN TECH INTERNATIONAL BERHAD |
| Stock Name | ZENTECH |
| Date Announced | 01 Jul 2022 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-30062022-00010 |